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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With F
  5. Floating Rate Note

Floating Rate Note

Definition of 'Floating Rate Note'

Bonds and other debt instruments which carry a variable rate of interest, usually linked to a reference rate such as the London Inter-Bank Offered Rate (>LIBOR).

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Related Terms

Euro Floating Rate NoteReverse Floating Rate NoteFRNPure Floating Exchange RateFloating InterestPromissory NoteNoteEuro Medium-Term NoteMTNEquity SwapFloating-Rate BorrowingFloating Exchange RateVanilla SwapFlat RateCapped BondsDirty FloatingForward PointsHurdle RateContract NoteMedium-Term Note

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